First, if the gauge is droping and then going back to normal, my first guess is the alternator is bad or going bad. What you need to do is take the car to a nationally recognized parts store and have them check the alt output. Most will do it for free. Do that and let me know what you find. As far as the flashers, see if the alt is bad. If it is, replace it and see if that takes care of the flashers. If it doesn't, then chances are the flasher itself is bad. It is a cheap part and easy to replace.
Let me know what you find.
Joe
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Sunday, January 3rd, 2010 AT 4:44 PM